Leonard Gilroy is vice president of government reform at Reason Foundation, a nonprofit think tank advancing free minds and free markets. He also serves as senior managing director of the Pension Integrity Project at Reason Foundation, which assists policymakers and other stakeholders in designing, analyzing and implementing public sector pension reforms.

The retirement benefits ultimately received by members of both plans within FRS will come at an ever-increasing cost to taxpayers and other public services if needed technical adjustments to both plans go neglected.

Amongst America’s largest metro areas, Houston, Jacksonville, Tampa, Richmond and Dallas-Fort Worth have the most economic freedom. Riverside, Rochester, Buffalo, New York and Cleveland have the least.